US ranchers largely supported Trump in his campaigns for president
Miguel Schiariti, president of Argentina’s Meat Industry Chamber, said it was ‘good news’ for the industry in the South American country. Photo: Getty
Reuters
US president Donald Trump’s administration is quadrupling the tariff rate quota on Argentine beef to 80,000 metric tons in a bid to reduce prices, a White House official said.
The move lets Argentina ship more beef to the US at a lower rate of duty at a time when US beef prices have set records due to tight cattle supplies and strong consumer demand.
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